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Tag: Offshore

Three companies bid a record-shattering $405.1 million to nab U.S. rights to build offshore wind farms near Massachusetts on Friday, a testament to the surging appeal of renewable power and investors’ confidence in state demand for it.

Wind and other renewables are driving America’s all-of-the-above energy mix because they are increasingly the lowest-cost electricity source. But their rapid growth rates are bringing change not only to the energy industry as a whole, but also within e…

Wind speeds in India during the 2018 monsoon season were significantly higher than normal, and up to 20 percent higher than long-term averages in some regions, according to wind performance maps Vaisala published today. These higher wind speeds will be…

Utilities across the country are increasingly taking a proactive role on initiatives to advance clean energy and grid modernization. But to hear a utility CEO like Kipp focus unequivocally on one of the most critical drivers for the growth of solar and…

Seven U.S. states will soon build enough wind turbines to more than double their wind capacity, according to the American Wind Energy Association’s (AWEA) newly released U.S. Wind Industry Third Quarter 2018 Market Report.

Last week, U.S. Secretary of the Interior Ryan Zinke announced three major developments in American offshore wind energy spanning from coast to coast. Continuing with the Trump Administration’s all-of-the-above energy policy, the Secretary spoke at the…

Equity raised by Chinese electric vehicle companies was the “conspicuous bright spot” in clean energy transactions in the third quarter of this year, which saw the total global deal value fall 6 per cent on 2017’s figure.

On Monday, global offshore wind leader Ã˜rsted announced that it had entered into an agreement to acquire a 100 percent of Rhode Island-based Deepwater Wind at a purchase price of US $510 million. Deepwater wind built the first U.S. offshore wind farm — the 30-MW Block Island Wind — and is currently constructing two additional facilities off Long Island, New York (South Fork at 90 MW) and Connecticut (Revolution Wind at 600 MW).